Sarbanes Oxley Act of 2002 DQ

Listen to a podcast of Linda Thomsen, former director of enforcement at the Securities and Exchange:  “How Sarbanes-Oxley Has Affected Corporate Culture”.

Discuss how the Sarbanes–Oxley Act has changed corporate culture.  A transcript of the podcast is also available through the URL.

Expand on how the Sarbanes–Oxley Act impacts organizational culture and why federal oversight like this is needed. 

Additionally, Linda Thomsen mentions in the podcast that she expects further misconduct to occur.  Why do you think this type of misconduct continues despite these regulatory laws?